Seth A.  Ravin net worth and biography

Seth Ravin Biography and Net Worth

Mr. Ravin is a 30-year enterprise software industry veteran who pioneered the independent enterprise software support industry. In 2005, The Enterprise Software Observer named Mr. Ravin one of the 25 next-generation leaders of the enterprise software industry. In 2010, Mr. Ravin was featured in Deal Architect CEO Vinnie Mirchandani’s new book, The New Polymath: Profiles in Compound-Technology Innovations, where he is credited with enacting a visionary, disruptive strategy for dramatically reducing the cost of information technology and ushering in a new era of customer choice.

In September 2005, Mr. Ravin launched Rimini Street, Inc. with a mission to redefine enterprise software support using innovative, next-generation support services delivered at more than a 50 percent savings in fees compared to a software vendor’s annual support program. Rimini Street currently offers support services for Oracle, SAP, IBM, Microsoft and other enterprise software.

Prior to his success launching independent maintenance and support programs, Mr. Ravin was an executive with PeopleSoft, Inc., where he served most recently as vice president of the customer sales division. Earlier in his PeopleSoft career, Mr. Ravin held several senior roles of increasing global responsibility, including corporate director of customer services and programs and corporate manager of upgrades and installations. Mr. Ravin’s PeopleSoft responsibilities included worldwide release support policy; release retirement programs; account management; Y2K software update and readiness program management for thousands of licensees; and development and delivery of special support programs for customers with unique needs. To meet the needs of customers who wanted to run a mature software release for many additional years beyond the official supported life span of a release without mandatory upgrades, Mr. Ravin successfully designed and launched the enterprise software industry’s first specialized extended support programs for Fortune 500, public sector and midmarket organizations.

Mr. Ravin also served as vice president of customer sales for Saba Software, Inc., worked in Russia on defense conversion programs, and worked in Washington, D.C. assisting the Clinton Administration with Congressional passage of the GATT global trade agreement in 1994.

Mr. Ravin holds a Bachelor of Science in Business Administration from the University of Southern California.

What is Seth A. Ravin's net worth?

The estimated net worth of Seth A. Ravin is at least $1.17 million as of December 13th, 2024. Mr. Ravin owns 444,914 shares of Rimini Street stock worth more than $1,170,124 as of December 18th. This net worth evaluation does not reflect any other investments that Mr. Ravin may own. Additionally, Mr. Ravin receives a salary of $1,570,000.00 as CEO at Rimini Street. Learn More about Seth A. Ravin's net worth.

How old is Seth A. Ravin?

Mr. Ravin is currently 57 years old. There are 3 older executives and no younger executives at Rimini Street. Learn More on Seth A. Ravin's age.

What is Seth A. Ravin's salary?

As the CEO of Rimini Street, Inc., Mr. Ravin earns $1,570,000.00 per year. Learn More on Seth A. Ravin's salary.

How do I contact Seth A. Ravin?

The corporate mailing address for Mr. Ravin and other Rimini Street executives is 3993 HOWARD HUGHES PARKWAY SUITE 500, LAS VEGAS NV, 89169. Rimini Street can also be reached via phone at (702) 839-9671 and via email at [email protected]. Learn More on Seth A. Ravin's contact information.

Has Seth A. Ravin been buying or selling shares of Rimini Street?

In the last ninety days, Seth A. Ravin has sold $31,625.00 in shares of Rimini Street stock. Most recently, Seth A. Ravin sold 14,375 shares of the business's stock in a transaction on Friday, December 13th. The shares were sold at an average price of $2.20, for a transaction totalling $31,625.00. Following the completion of the sale, the chief executive officer now directly owns 444,914 shares of the company's stock, valued at $978,810.80. Learn More on Seth A. Ravin's trading history.

Who are Rimini Street's active insiders?

Rimini Street's insider roster includes Gerard Brossard (COO), Sebastian Grady (President), Stanley Mbugua (CAO), Michael Perica (CFO), Seth Ravin (CEO), David Rowe (EVP), Steven Salaets (EVP), Brian Slepko (EVP), and Daniel Winslow (EVP). Learn More on Rimini Street's active insiders.

Are insiders buying or selling shares of Rimini Street?

During the last twelve months, insiders at the sold shares 14 times. They sold a total of 170,619 shares worth more than $494,033.63. The most recent insider tranaction occured on December, 13th when CEO Seth A Ravin sold 14,375 shares worth more than $31,625.00. Insiders at Rimini Street own 41.0% of the company. Learn More about insider trades at Rimini Street.

Information on this page was last updated on 12/13/2024.

Seth A. Ravin Insider Trading History at Rimini Street

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
12/13/2024Sell14,375$2.20$31,625.00444,914View SEC Filing Icon  
4/8/2024Sell82,071$2.98$244,571.58425,955View SEC Filing Icon  
3/5/2024Sell2,205$2.85$6,284.25239,583View SEC Filing Icon  
6/4/2023Sell21,234$4.28$90,881.52211,270View SEC Filing Icon  
3/8/2023Sell800,000$4.10$3,280,000.0010,496,509View SEC Filing Icon  
12/13/2022Sell9,156$4.08$37,356.48155,148View SEC Filing Icon  
6/3/2022Sell22,072$6.62$146,116.64130,971View SEC Filing Icon  
5/9/2022Sell2,183$5.73$12,508.5975,690View SEC Filing Icon  
3/9/2022Sell2,415$6.00$14,490.00View SEC Filing Icon  
12/6/2021Sell187,558$6.02$1,129,099.16View SEC Filing Icon  
12/2/2021Sell800,000$6.17$4,936,000.00View SEC Filing Icon  
6/3/2021Sell20,814$6.40$133,209.6090,353View SEC Filing Icon  
5/7/2021Sell2,288$7.71$17,640.4815,288View SEC Filing Icon  
2/5/2020Sell14,476$5.01$72,524.76905View SEC Filing Icon  
1/23/2020Sell30,000$5.26$157,800.00905View SEC Filing Icon  
9/13/2019Sell5,762$5.00$28,810.00
12/11/2018Sell400$5.02$2,008.00View SEC Filing Icon  
8/16/2018Buy2,000$5.38$10,760.00View SEC Filing Icon  
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Seth A. Ravin Buying and Selling Activity at Rimini Street

This chart shows Seth A Ravin's buying and selling at Rimini Street by year and by quarter.

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Rimini Street Company Overview

Rimini Street logo
Rimini Street, Inc. provides enterprise software products, services, and support. The company engages in the provision of support services for Oracle and SAP enterprise software products. It also provides Rimini ONE, an outsourcing option that offers a set of unified and integrated services to run, manage, support, customize, configure, connect, protect, monitor, and optimize its clients' application, database, and technology enterprise software; Rimini Support, a mission-critical support for Oracle, SAP, proprietary and open-source database, and technology software; Rimini Manage, a suite of managed services for application and database software; Rimini Protect, a suite of personalized software security services and solutions; and Rimini Connect, a suite of managed interoperability solutions for browsers, operating systems, and email systems. In addition, the company offers Rimini Watch, a suite of observability solutions that include monitoring and system health check solutions; Rimini Consult, a suite of professional services for clients' enterprise software customization, configuration, implementation, integration, interoperability, migration, staff augmentation, and other project needs; and Rimini Custom, a program that expands support and related services to a broader portfolio of enterprise software. The company serves Fortune 500 companies and Fortune Global 100 companies across various industries. It sells its solutions primarily through direct sales organizations in North America, Latin America, Europe, Africa, the Middle East, Asia, and the Asia-Pacific. The company was incorporated in 2005 and is headquartered in Las Vegas, Nevada.
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Today's Range

Now: $2.63
Low: $2.58
High: $2.77

50 Day Range

MA: $1.96
Low: $1.59
High: $2.72

2 Week Range

Now: $2.63
Low: $1.53
High: $3.43

Volume

622,613 shs

Average Volume

277,171 shs

Market Capitalization

$239.12 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.34